To get money in case of settlement

Hi,

In case of settlement from party out of court, how should we take money from him?

What is done in court in case settlement is done? What are different things which we should keep in our mind while settlement?

Regards

Amit Agarwal

Mobile: +91 9289352451

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1 Replies

prasanta kumar parida (sr. consultant) 28 April 2011

IF THE CASE IS STILL PENDING THEN ANY COMPROMISE/SETTLEMENT SHOULD BE DONE WITH THE KNOWLEDGE OF THE COURT, SO THAT AN EXECUTABLE DECREE CAN BE PASSED BY THE COURT OF LAW ON THE BASIS OF THE TERMS OF SETTLEMENT, IN THE EVENT THE OTHER PARTY DID NOT OBEY THE TERMS OF SETTLEMENT THEN YOU CAN EXECUTE & BOUND HIM THROUGH PROPER COURT OF LAW